NOT LISTED FOR SALE

407 Shepherds Way Osceola, IN 46561

Shepherds Cove Neighborhood

Estimated Value: $306,000 - $391,000

3 Beds
2 Baths
1,750 Sq Ft
$204/Sq Ft Est. Value

Last Sold March 27, 2023

Last sale price $401,100 $229 Per Sq Ft

Est. 11% decrease in value since last sale

Current estimated payment $2,310/month

94 Days on Market

Highlights

  • Custom Home
  • Open Floorplan
  • Solid Surface Countertops
  • Moran Elementary School Rated A-
  • Backs to Open Ground
  • 2 Car Attached Garage

About This Home

As of March 2023

Brand new construction home by River Valley Construction Group. This home features 3 bedrooms and 2 bathrooms. Open concept living room, kitchen and dining area. Kitchen has quartz countertops, stainless steel appliances, and soft close cabinets. LVP flooring throughout the entire home. Coat and cubby area off of garage with laundry room conveniently located off of master bathroom. Completed with composite decking in on both front and back of the house. Unfinished basement is plumbed and ready to go for a third bathroom to be added.

Last Listed By

Nicole Perry

Berkshire Hathaway HomeServices Northern Indiana Real Estate Listed on: 05/06/2022

Berkshire Hathaway HomeServices Northern Indiana Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,798

Year Built

  • Built in 2022

Lot Details

  • 8,687 Sq Ft Lot
  • Lot Dimensions are 69.5 x 125
  • Backs to Open Ground
  • Level Lot
  • Property is zoned R1 Single Family Residential

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Custom Home
  • Poured Concrete
  • Shingle Roof
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1-Story Property
  • Open Floorplan
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Entrance Foyer
  • Vinyl Flooring
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Gas Dryer Hookup

Kitchen

  • Kitchen Island
  • Solid Surface Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Location

  • Suburban Location

Schools

  • Moran Elementary School
  • Grissom Middle School
  • Penn High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Community Details

  • Built by River Valley Construction Group
  • Shepherds Cove Subdivision

Listing and Financial Details

  • Assessor Parcel Number 71-10-08-451-080.000-030

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,798

Year Built

Built in 2022

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 2022
  • Style: One Story
  • Total Number of Rooms: 7
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: Lot 169 Shepherd'S Cove Sect IV 20/21 NP #2112
  • Parcel Number ID: 71-10-08-451-080.000-030
  • Platted: Yes
  • Amenities: Ceiling-9+, Ceiling Fan(s), Countertops-Solid Surf, Dryer Hook Up Gas, Foyer Entry, Kitchen Island, Open Floor Plan
  • Builder Name: River Valley Construction Group
  • Inside City Limits: Yes
  • Location: City/Town/Suburb
  • New Construction: Custom
  • Sp Lp Percent: 99.04
  • Year Taxes Payable: 2021
  • Special Features: NewHome
  • Stories: 1

Interior Features

  • Total Sq Ft: 3500
  • Total Finished Sq Ft: 1750
  • Above Grade Finished Sq Ft: 1750
  • Below Grade Sq Ft: 1750
  • Price Per Sq Ft: 229.2
  • Basement: Yes
  • Basement Foundation: Full Basement, Unfinished
  • Basement Material: Poured Concrete
  • Flooring: Vinyl
  • Bedroom 1: Dimensions: 13x16, On Level: Main
  • Bedroom 2: Dimensions: 11x13, On Level: Main
  • Bedroom 3: Dimensions: 11x13, On Level: Main
  • Number of Main Level Full Bathrooms: 2
  • Total Below Grade Sq Ft: 1750

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Asphalt, Shingle
  • Outbuilding1: None

Garage/Parking

  • Driveway: Concrete
  • Garage Type: Attached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 24x23
  • Garage Sq Ft: 552
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Conventional, Forced Air
  • Sewer: City
  • Water Utilities: City

Schools

  • School District: Penn-Harris-Madison School Corp.
  • Elementary School: Moran
  • Middle School: Grissom
  • High School: Penn
  • Elementary School: Moran

Lot Info

  • Lot Description: Level, 0-2.9999
  • Lot Dimensions: 69.5 X 125
  • Estimated Lot Sq Ft: 8687
  • Estimated Lot Size Acres: 0.199
  • Lot Number: 169

MLS Schools

  • High School: Penn
  • Middle School: Grissom
  • School District: Penn-Harris-Madison School Corp.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 5, 2022
Sold by
River Valley Construction Group Llc
Bought by
Arocho Francisco Rivera and Perez Vanessa Perez
Total Days on Market
94
Current Estimated Value
$357,835

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,475
Outstanding Balance
$367,061
Interest Rate
5.3%
Mortgage Type
Construction
Estimated Equity
$457

Purchase Details

Closed on
May 24, 2022
Sold by
Shepherds Cove Llc
Bought by
River Valley Construction Group Llc

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Arocho Francisco Rivera $112,000 Metropolitan Title
River Valley Construction Group Llc $260,000 Drake Andrew R
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Arocho Francisco Rivera $380,475
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/27/2023 03/27/23 Sold $401,100 -1.1% $229 / Sq Ft
08/11/2022 08/11/22 Price Changed $405,500 -8.9% $232 / Sq Ft
08/08/2022 08/08/22 Pending -- -- --
05/06/2022 05/06/22 For Sale $445,000 -- $254 / Sq Ft
Source: Indiana Regional MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $3,798 $343,500 $63,100 $280,400
2023 $3,798 $187,900 $63,200 $124,700
2022 $41 $2,000 $2,000 $0
2021 $65 $2,900 $2,900 $0
2020 $50 $2,500 $2,500 $0
Source: Public Records

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Source: Indiana Regional MLS

MLS Number: 202216811

Indiana Regional MLS

APN: 71-10-08-451-080.000-030